Weibo Reports First Quarter 2017 Financial Results
Weibo Corporation - American Depositary Shares (WB)
Last weibo corporation - american depositary shares earnings: 2/26 05:00 am
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US:NYSE Investor Relations:
ir.weibo.com
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Source: PR Newswire
BEIJING, May 16, 2017 /PRNewswire/ -- Weibo Corporation ("Weibo" or the "Company") (NASDAQ: WB), a leading social media in China, today announced its unaudited financial results for the first quarter ended March 31, 2017. First Quarter 2017 HighlightsNet revenues totaled $199.2 million, an increase of 67% year-over-year, exceeding the Company's guidance between $185 million and $190 million. Advertising and marketing revenues were $169.3 million, an increase of 71% year-over-year. Other revenues were $29.9 million, an increase of 49% year-over-year. Net income attributable to Weibo was $46.9 million, an increase of 561% year-over-year, and diluted net income per share was $0.21, compared to $0.03 for the same period last year. Non-GAAP net income attributable to Weibo was $57.8 million, an increase of 254% year-over-year, and non-GAAP diluted net income per share was $0.26, compared to $0.07 for the same period last year. Adjusted EBITDA was $70.5 million, an increase of
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Earnings
- 3/14/24 - Miss
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Sec Filings
- 4/25/24 - Form 6-K
- 4/25/24 - Form 20-F
- 4/8/24 - Form 6-K
- WB's page on the SEC website